EBA INVEST: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EBA INVEST
Largest movements
- Receivables within one year -€24,418
down €24,418 (-78.3%), from €31,187 to €6,769
of which Trade receivables: -€23,321
- Debts after one year -€42,140
down €42,140 (-12.1%), from €346,973 to €304,833
of which Other amounts payable: -€30,000
- Profit (loss) carried forward +€12,393
up €12,393 (+20.2%), from -€61,339 to -€48,946
- Other debts +€6,287
up €6,287 (+141%), from €4,444 to €10,731
- Trade debts -€4,495
down €4,495 (-69.1%), from €6,500 to €2,005
- Gross operating margin +€29,510
up €29,510 (+868%), from €3,401 to €32,911
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €406,961 | €379,363 | -€27,597 | -6.8% |
| Fixed assets | 21/28 | €374,443 | €369,285 | -€5,158 | -1.4% |
| Intangible fixed assets | 21 | €9,600 | €7,200 | -€2,400 | -25.0% |
| Tangible fixed assets | 22/27 | €364,843 | €362,085 | -€2,758 | -0.8% |
| Land and buildings | 22 | €363,812 | €362,085 | -€1,728 | -0.5% |
| Furniture and vehicles | 24 | €1,030 | - | -€1,030 | |
| Current assets | 29/58 | €32,518 | €10,079 | -€22,439 | -69.0% |
| Amounts receivable within one year | 40/41 | €31,187 | €6,769 | -€24,418 | -78.3% |
| Trade receivables | 40 | €28,711 | €5,390 | -€23,321 | -81.2% |
| Other amounts receivable | 41 | €2,476 | €1,379 | -€1,098 | -44.3% |
| Cash at bank and in hand | 54/58 | €925 | €2,480 | +€1,554 | +168% |
| Deferred charges and accrued income | 490/1 | €406 | €830 | +€425 | +105% |
| Total equity and liabilities | 10/49 | €406,961 | €379,363 | -€27,597 | -6.8% |
| Equity | 10/15 | €37,261 | €49,654 | +€12,393 | +33.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €72,800 | €70,400 | -€2,400 | -3.3% |
| Reserves | 13 | €7,200 | €9,600 | +€2,400 | +33.3% |
| Distributable reserves | 133 | €7,200 | €9,600 | +€2,400 | +33.3% |
| Profit (loss) carried forward | 14 | -€61,339 | -€48,946 | +€12,393 | +20.2% |
| Amounts payable | 17/49 | €369,699 | €329,709 | -€39,990 | -10.8% |
| Amounts payable after more than one year | 17 | €346,973 | €304,833 | -€42,140 | -12.1% |
| Financial debts | 170/4 | €116,973 | €104,833 | -€12,140 | -10.4% |
| Other amounts payable | 178/9 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Amounts payable within one year | 42/48 | €22,726 | €24,876 | +€2,150 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €11,783 | €12,140 | +€357 | +3.0% |
| Trade debts | 44 | €6,500 | €2,005 | -€4,495 | -69.1% |
| Suppliers | 440/4 | €6,500 | €2,005 | -€4,495 | -69.1% |
| Other amounts payable | 47/48 | €4,444 | €10,731 | +€6,287 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,315 | €16,291 | -€23 | -0.1% |
| Other operating charges | 640/8 | €795 | €817 | +€22 | +2.7% |
| Gross operating margin | 9900 | €3,401 | €32,911 | +€29,510 | +868% |
| Operating profit (loss) | 9901 | -€13,709 | €15,803 | +€29,512 | |
| Financial charges | 65/66B | €3,716 | €3,410 | -€306 | -8.2% |
| Recurring financial charges | 65 | €3,716 | €3,410 | -€306 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,425 | €12,393 | +€29,818 | |
| Profit (loss) for the period | 9904 | -€17,425 | €12,393 | +€29,818 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,425 | €12,393 | +€29,818 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.